Scotiabank® American Express® Card

First year rewards (up to)

5,000 Scotia Rewards Points with your first $500 in everyday purchases in the first three months
Spending bonus

Monthly bonus

Based on the amount of spending you do each month, our tool determines how much you'll spend on an annual basis and calculates the potential rewards you could earn for doing so.
Spending rewards

Annual fee

Annual fee(1st yr waived)

The total net reward is the dollar amount all your rewards will add up to, minus any annual fee you may have to pay. For a detailed explanation on how we calculated this number, check out the Points Calculator tab.

How much do you spend on gas or in gas stations each month? Remember that even if you buy food or other items at a gas station, it will come up as a gas purchase on your cash back credit card statement. Gas

How much do you spend on groceries or in grocery stores each month? Remember that even when you purchase household items at the grocery store, they will show up as a grocery store purchase on your cash back credit card statement. Groceries

How much do you spend on entertainment each month? Movie tickets, concerts, music, plays, video gamse, etc. are all examples of things that would show up as entertainment costs on your cash back credit card statement. Entertainment

How much do you spend at restaurants each month? Some cash back credit cards give you a percentage of cash back for every dollar spent in a restaurant. Give an estimate, if you're unsure. Restaurants

2 points per dollar

On the first $50,000 in purchases; 1 point per dollar thereafter.

How much do you spend on everything else that doesn't fit into one of the other categories? Bus passes, cab fares, online shopping purchases, etc. are just a few examples of things that would show up as "other" purchases on your cash back credit card statement. Other purchases

Update results

Update results

Some credit cards come with a sign-up bonus, to provide more incentive for people to sign-up and start using the card. The sign-up bonus may be in the form of points, cash, free merchandise, etc. Signup bonus

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

Some credit cards come with a spending bonus, which is given to the card holder after they complete a condition, such as making their first card purchase. The spending bonus may be in the form of points, cash, free merchandise, etc. Spending bonus

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary. Anniversary bonus

Based on the amount of spending you do each month, our tool determines how much you'll spend on an annual basis and calculates the potential rewards you could earn for doing so. Spending reward

Groceries

Gas

Restaurants

Bills

Travel

Entertainment

Pharmacy

Other purchases

This is the total number of rewards points you could earn in one year, based on the credit card's sign-up bonus and the amount you could potentially spend on the card. Total points

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

For a LIMITED time only, you will receive a FREE gift card from RateHub.ca to Starbucks, Homesense/Winners, or Amazon.ca upon approval of this card. Click “Get details” for more info. Gift card

This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement. Annual fee

Some credit cards come with a sign-up bonus, to provide more incentive for people to sign-up and start using the card. The sign-up bonus may be in the form of points, cash, free merchandise, etc. Signup bonus

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

Some credit cards come with a spending bonus, which is given to the card holder after they complete a condition, such as making their first card purchase. The spending bonus may be in the form of points, cash, free merchandise, etc. Spending bonus

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

Some credit cards come with an anniversary bonus, to provide more incentive for people to continue using the card for multiple years. The anniversary bonus may be in the form of points, cash, free merchandise, etc, and is given to the card holder every year on the anniversary. Anniversary bonus

Based on the amount of spending you do each month, our tool determines how much you'll spend on an annual basis and calculates the potential rewards you could earn for doing so. Spending reward

Groceries

Gas

Restaurants

Bills

Travel

Entertainment

Pharmacy

Other purchases

This is the total number of rewards points you could earn in one year, based on the credit card's sign-up bonus and the amount you could potentially spend on the card. Total points

To find out how we determined the value of this point, click on the "Redeeming Points" tab and view the PDF to see the exact calculations. Value per 1pt

This is the dollar amount all your rewards will add up to. Total value

This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement. Annual fee

The average dollar value of an individual Scotia Reward Point is $0.01. To see how we calculated this, click here.

Step by step guide

Login to your Scotia Rewards account, using your card number and password.

If you DO NOT have an online Scotia Rewards account you can create an account online at https://www.scotiarewards.com or you can redeem points over the phone by speaking to a Scotiabank travel agent at 1-800-665-2582.

Points can be redeemed for travel – flights, hotels, and car rentals.

The Scotia rewards program allows you to book travel through any provider and then redeem points towards the travel, once the transaction is posted on your account (EXCEPT if you have a Scotiagold passport card).

In the rewards centre, you can view your travel purchases and can choose to redeem points towards a purchase.

After redeeming points towards a travel purchase, your account will be credited back for the cost of the travel in 7-10 days.

Most credit cards come with at least some additional insurance policies. Here's what's covered with this credit card.
Insurance

Travel emergency medical

Travel Accident Insurance

If you book a trip using your credit card, it may come with some amount of trip cancellation, trip interruption and/or emergency medical insurance, all of which can help you if you find yourself in some very tough situations. Here's what your credit card comes with.
Travel

Trip cancellation

Trip interruption

Flight delay

While you're travelling, there's always a chance that your bag may be lost or go missing for a period of time. In the event that happens to you, here's what you're covered for.
Baggage

Baggage loss

Baggage delay

If you use your credit card to rent a car, you will likely have some amount of collision and damage insurance. Collision and damage insurance protects you, the cardholder, in the event that a rental car is damaged and/or in an accident, while it's in your possession. Read the fine print in your agreement, before you rent your next car.
Rental

Card details

Fees & interest

This is the annual fee you have to pay, in order to use this credit card. The annual fee is charged once per year and is added to your credit card statement. Annual fee:$0

This is the annual interest rate you will pay on purchases, if/when you can't pay off the entire balance by the payment due date outlined on your credit card statement. Purchase Interest Rate:
19.99%

This is the interest rate you will pay on cash advances. Unlike regular purchases, which come with a grace period, interest on cash advances starts to accrue the day you complete the transaction. Cash advance:
22.99%

This is the interest rate you will pay on balance transfers. Unlike regular purchases, which come with a grace period, interest on balance transfers starts to accrue the day you complete the transaction. Balance transfer:
22.99%

Eligibility

This is the annual income requirement to be eligible for this credit card. Income:
Any amount

This is the total annual family income requirement to be eligible for this credit card. Only applicable if the applicant does not meet the annual income requirement themselves. Family income:
Any amount

Be a permanent Canadian resident

Have reached the age of majority in the province in which you live (18 yrs in AB, MB, ON, PE, QA, SK. 19 yrs all others)

Get more details

Earn 5,000 Scotia Rewards bonus points with your first $500 in everyday purchases in the first three months. Offer applies to new accounts opened by October 31, 2017.

Earn one Scotia Rewards point on all other eligible everyday purchases

Use your points to purchase travel online or over the phone through our full-service travel agency. Or book your own travel using your card and go online to redeem points for the purchase

Receive discounts and other special offers on hotels, airfare, car rentals, cruises and vacation packages

Receive up to 25% off qualifying car rentals

Travel emergency medical coverage is automatically provided for eligible persons for up to 8 consecutive days